Best Palm Springs CD Rates in January 2012
Now that it’s 2012, it’s a perfect time to inspect your financial situation and look for ways to improve them. Try taking a closer look at your bank accounts– One positive change you can make right now is transferring your money to a higher earning investment. Some of the local financial institutions are offering great Palm Springs CD rates, so find out if there’s a credit union or bank close by offering a great rate.
Palm Springs CD Rates Vs. Savings Rates
One of the greatest benefits of choosing Palm Springs CD rates over conventional savings accounts and rates is that they’re often quite a bit higher. This is especially true when it comes to CDs with longer terms. If you don’t need access to savings for a while, a certificate of deposit is the smarter option.
Highest CD Rates in Palm Springs
6-Month CD Rates
- California Community Bank: 0.6%
- Priority One Credit Union: 0.59%
- Palm Desert National Bank: 0.55%
12-Month CD Rates
- Priority One Credit Union: 0.8%
- Palm Desert National Bank: 0.75%
- Rafe Credit Union: 0.75%
2-Year CD Rates
- Balboa Thrift and Loan Association: 1.26%
- California Community Bank: 1.16%
- Rafe Credit Union: 1.11%
Please be aware that these Palm Springs CD rates are accurate as of 1/23/12, but are subject to change at any time at the discretion of the bank or credit union. You may also be subject to additional requirements in order to qualify for an account. Please confirm interest rates before opening an account. You can find the most current interest rates on our Palm Springs CD Rates page.
